JP Morgan Chase & Company is one of the biggest banking groups in the world. Revenues (before intra-group eliminations) break down by activity as follows:
- retail banking (45.4%): sale of standard and specialized financial services (real estate loans, automobile loans, insurance, etc.) through a network of more than 5,614 banking agencies. The group also develops credit cards sale activity;
- investment and market banking (36%): consulting for mergers-acquisitions and restructuring, capital increases, investment capital, active on the stock, bond, and derived product markets, stock market brokerage, etc.;
- commercial banking (11,3%): activity serving more than 24,000 companies, institutions, municipalities, etc.;
- asset management (7.3%): assets of EUR1,078.8 billion under management at the end of 2012.
At the end of 2012, the group was managing EUR903 billion in current deposits and EUR538.5 billion in current loans.
Revenues are distributed geographically as follows: the United States (85.9%), Europe/Middle East/Africa (7.1%), Asia/Pacific (4.9%), Latin America and the Caribbean Islands (2.1%).